PPP Loan information for Ares solutions inc.

$78,600

Ares solutions inc. was initially approved for PPP Loan of amount $78,600, the current approved amount is $78,600. The loan was approved on 06/05/2020 by The Atlantic Union Bank reported 18 jobs and $78,600 was used to fund payroll.

Ares solutions inc. is Existing or more than 2 years old

ARES SOLUTIONS INC.

Date Approved

06/05/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ARES SOLUTIONS INC.

Borrower Address

10719 Kirkland Drive

Borrower City

Spotsylvania Courthouse

Borrower State

VA

Borrower Zip

22551

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

78600.00

Current Approval Amount

78600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Spotsylvania Courthouse

Project County Name

SPOTSYLVANIA

Project State

VA

Project Zip

22551-1836

CD

VA-07

Jobs Reported

18

NAICS Code

541519

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

78600.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

79017.02

Forgiveness Date

12/28/2020

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